Wuxi Life issues clarification on VIE agreement renewal terms, drops duplicate waiver condition

• Wuxi Life issued a clarification on waiver conditions tied to its VIE agreements, refining the renewal and reproduction framework for similar business structures.
• The update states renewals or reproductions could proceed on substantially the same terms without shareholder approval, subject to PRC laws and approvals.
• It added that directors, chief executives, or substantial shareholders of any renewed or new entities would be treated as connected persons, with other dealings subject to GEM Chapter 20 rules.
• The group deleted a separate waiver condition it said was duplicative of an existing condition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wuxi Life International Holdings Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260729-12260067), on July 29, 2026, and is solely responsible for the information contained therein.